Saqifat Al-Safa (SAS) Property Development and Management Company offers Leasing and Property Management (PM) services offering 26 years of experience and customized techniques of managing property for residential, commercial, tourist and retail properties in Saudi Arabia. This vast experience combined with Western, European and Far-Eastern knowledge and constant self-development all contribute to SAS’s service capabilities and success of the Properties it Manages.
MISSION
SAS’s mission is to manage properties through applying exceptional property management skills SAS has acquired since 1996 to all properties it manages to ensure Landlords satisfaction and integrity from all business, legal and technical aspects and cater to tenants’ quality services and staff that guarantee their appreciation.
PROPERTY MANAGEMENT (PM) SERVICES PROVIDED
First: Fulfilling Landlords Needs
Maximizing Earnings whilst Minimizing Expenses.
Timely and Proper Rent Collection, Contract Renewals, Vacancy Leasing and Quick Evacuation. SAS uses an automated Collection and Payment System that looks into all entries are monthly and is accessible to the Landlord on a Dashboard at any given time.
Up to Date Reports, Accountability and Finances.
Managing the Facility Manager (FM) to guarantee proper performance, quality control, cost control, professional execution of work, daily staff head count, avoiding material waste and accurate execution of work/responsibilities.
Preventive and Routine Property Maintenance to keep the property in shape and reduce wear and tear.
Protecting Landlords investments by keeping properties attractive throughout detailed professional maintenance programs, great attention to Cost/Benefit Ratios and practicing regular inspections to prevent issues instead of fixing them.
Prevention of Legal Disputes and Claims that may be risen effecting the Landlord by Tenants, Vendors, Suppliers or the FM.
SAS’s maintenance supervision team is equipped with contingency plans for all properties managed by SAS to reduce risks and disaster related incidents and crisis which might take place randomly.
SAS’s streamlined operation systems eliminate unnecessary costs and wastage through a stringent selection process for all suppliers and service providers.
Great attention to pre-qualifying tenants and the selection process to lease vacant areas/units with a proper tenant mix for retail and commercial space.
Constant exposure through media outlets by using innovative marketing and advertising solutions to keep the property busy and vacant units occupied.
All documents are presented in a user-friendly format that is always available to the Landlord or Landlords Representatives for review and debate, discuss or review.
Second: Fulfilling Property Attributes
Building and sustaining a strong tenant, market, brand, socio-economic and trade mix.
Collecting Rent on time preceded with reminders and follow-ups on and after due dates.
Payment of suppliers and vendors on time with proper accountability and checks & balances.
Maintaining sound tenant relations.
Full supervision of facility maintenance and services and guarantying contractors and vendors perform and submit their obligations according to their contracts.
Preventive maintenance measures.
Preventive safety measures.
Business development and opportunity creation.
SAS Property Management Systems provide continuity, growth and appreciation to the property through strict policies, performance guidelines and KPI’s, financial and operational objectives and desired landlord targets in all areas of property value, perception, quality services, profitability, sustainability, energy reduction, environmental protection, building preservation and visitors/vendors/tenants safety.
Stage 1
Marketing the Property (Phase 1)
Pricing policies
Area configuration
Design critique
Marketing methods and strategies
Marketing reports
Landlord Sign-Up
Pre-signing targets, objectives, obligations, duties and terms.
Marketing the Property (Phase 2)
Marketing plan and budget
Lease/Sale contracts
Tenant/Buyer Sign-ups
Pre-handover manuals
Post-handover fit-out monitoring and services
Stage 2
Managing the Property
Inspection
Finances/Costs
Service Vendors
Maintenance, Repairs and Remodeling
Managing Tenants/Buyers
Managing Income/Rent/Fees
Stage 3
Tenants/Owners Unit Handover/Evacuation
Vacating/evacuation/handover agreement.
Pre-handover guidelines for clearance, obligations and terms.
During clearance monitoring and following guidelines.
Final handover confirmation of clearance and proper guideline conduct.
Negotiate to renew contract with amicable terms or benefits depending on each case.
Ensure Landlords knowledge of SAS’s experience with the Tenant to negotiate a renewal with the same Tenant.
If the contract is terminated, SAS must ensure all rights, legal matters and finances have been settled properly with the vacating Tenant.
Deliver a copy of all termination documents to the Landlord.
Stage 4
Legal
In the event of a legal dispute or litigation with Tenants, Vendors, Suppliers, Patrons and Visitors, SAS will refer to the Landlords attorney when according to the latest legislation that applies to any case with all necessary documentation to pursue each individual case or situation.
Investment conversion into Capital Gains or Operational Income or a combination of both.
Landlord wants to Sell/Lease the property.
Buyers/Tenants want to Buy/Lease the property or part of it.
